03:38 AM EDT, 03/26/2025 (MT Newswires) -- Starwood Property Trust ( STWD ) said late Tuesday it priced an private offering of $500 million principal amount of 6.500% unsecured senior notes due 2030 at 100% of par value.

Net proceeds will be used to fund eligible green and/or social projects, and for general corporate purposes including debt repayments, the company said.

The offering, which has been upsized from $400 million, is expected to be settled on April 8, subject to customary closing conditions.